Magic Johnson offering $100 million in loans to minority-owned businesses left out of PPP loans

Magic Johnson offering $100 million in loans to minority-owned businesses left out of PPP loans

Magic Johnson

Getty Images

With the future of small businesses in urban communities at risk, former National Basketball Association great Magic Johnson has stepped in to offer assistance.

The CEO of Magic Johnson Enterprises collaborated with MBE Capital Partners to offer $100 millionin loans to minority- and women-owned companies hurt by stay-at-home orders due to Covid-19. The loans…

View On WordPress